Watching the gyrations in the price of Bitcoin has been spectator sport the past several days. However, unlike with prior busts and races, the price of Bitcoin has diverged heavily across its several exchanges . This has led to the Bitcoin market itself becoming siloed. Bitstamp, BTC-E, and Mt.Gox halted withdrawal of Bitcoin from their exchanges for varying amounts of time, due to a potential exploit. Both Bitstamp and BTC-E have resumed withdrawals . Mt.Gox, the first to force users to stop removing Bitcoin from its exchange, remains closed in that regared. This had led the cost of Bitcoin on Mt.Gox to fall dramatically. Sitting around $900 through most of January , following previous highs north of $1200, Bitcoin is now worth under $300 on Mt.Gox, where it has traded in recent hours on the low end of $200s. Those who own Bitcoin on the exchange are betting that Mt.Gox w...